XAUUSD (Gold) 1H Analysis: Key Support & Resistance Levels

​Hello Hive Traders! Here is my detailed technical analysis for XAU/USD (Gold) on the 1-Hour timeframe.
​The market has been moving in a clear bearish structure, making lower highs and lower lows. Currently, price is consolidating near a crucial support area. Here is how I am looking to play both directions:
​Key Technical Levels Marked:
​Major Resistance Zone: 4,460 – 4,480
​Immediate Resistance / Pullback Level: 4,380 – 4,400
​Current Support Floor: 4,280 – 4,300
​Trade Plan & Scenarios
Bearish Continuation (Sell Setup)
Scenario: If price retraces upward toward the 4,380 - 4,400 resistance area and shows rejection, I will look for a sell position.
Confirmation: Waiting for a lower timeframe (5m) CHOCH or BOS to confirm seller entry.
Target: Back down to the 4,280 support zone.
2. Bullish Reversal / Scalp (Buy Setup)
Scenario: Price is currently reacting around the 4,280 support level. If this zone holds and gives a strong bullish confirmation on lower timeframes, a quick buy order can be taken.
Target: 4,380 resistance zone.
Risk Note: If 4,280 breaks downward with a strong hourly candle close, the bullish scenario becomes invalid, opening space for further drop.
Disclaimer:
This analysis is for educational purposes only and not financial advice. Always manage your risk properly before entering any trade.